Barber Shop in Finchley For Sale

Situated in a parade, just off a main road, NORTH LONDON FINCHLEY

Turnover £ 1,500
Price
£65,000

Features

Well Established Fully Equipped Barbers

SINGLE FRONTED MEDIUM SIZED BARBERS SHOP with tiled floor, suspended ceiling with LED lighting. Reception area with seating for up to 9 persons (customers' waiting). 2 work stations each with mirror, chair plus wash basin.

It will be appreciated upon inspection that there is potential to have a third work station if desired.

w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,500/£1,700 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 1 full time staff.

We understand the premises are held on a secure renewable lease, the present lease having 16 years unexpired from July, 2016 at a rental of £10,000 p.a. exclusive of rates up to the 7th July, 2020 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to
£ 32,500 (lease)
to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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